iShares MSCI Brazil ETF (NYSEARCA:EWZ) Stake Boosted by Spinnaker Trust

Spinnaker Trust boosted its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 268,978 shares of the exchange traded fund’s stock after buying an additional 3,891 shares during the period. Spinnaker Trust owned about 0.16% of iShares MSCI Brazil ETF worth $9,403,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of iShares MSCI Brazil ETF by 2.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,229 shares of the exchange traded fund’s stock worth $885,000 after buying an additional 561 shares during the period. KB Financial Partners LLC acquired a new stake in iShares MSCI Brazil ETF during the 3rd quarter worth about $31,000. Private Trust Co. NA purchased a new position in iShares MSCI Brazil ETF during the 3rd quarter valued at about $38,000. IFP Advisors Inc increased its holdings in shares of iShares MSCI Brazil ETF by 41.2% in the 3rd quarter. IFP Advisors Inc now owns 4,801 shares of the exchange traded fund’s stock valued at $147,000 after purchasing an additional 1,401 shares during the period. Finally, Triumph Capital Management lifted its position in shares of iShares MSCI Brazil ETF by 13.7% in the third quarter. Triumph Capital Management now owns 11,864 shares of the exchange traded fund’s stock worth $364,000 after purchasing an additional 1,431 shares in the last quarter.

iShares MSCI Brazil ETF Stock Up 2.3 %

Shares of iShares MSCI Brazil ETF stock traded up $0.72 on Friday, hitting $31.53. 17,031,688 shares of the company traded hands, compared to its average volume of 21,637,701. iShares MSCI Brazil ETF has a 12-month low of $27.20 and a 12-month high of $35.74. The company has a market cap of $4.95 billion, a PE ratio of 5.69 and a beta of 0.93. The company has a 50-day moving average price of $32.27 and a 200 day moving average price of $32.72.

iShares MSCI Brazil ETF Profile

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index).